<h1>India's 2012-13 Budget: 19.5% Tax Revenue Increase, Rs. 14.9 Lakh Crore Expenditure, Focus on Subsidies and Defense.</h1> The Indian government's General Budget for 2012-13 estimates gross tax receipts at Rs. 10,77,612 crore, marking a 19.5% increase from the previous year. Indirect tax revenue is expected to grow by 26.7%, while direct tax revenue is projected to rise by 13.9%. Total expenditure is budgeted at Rs. 14,90,925 crore, with significant allocations for subsidies, defense, and social services. The plan expenditure is set at Rs. 5,21,025 crore, an 18% increase. Non-plan expenditure is budgeted at Rs. 9,69,900 crore, largely due to higher provisions for subsidies and interest payments.